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    Property profile & analytics

    297 James Lee Blvd, Unit A Crestview, FL 32536-3336

    • Retail space
    • 14,766 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $1,305,000
    Last Sale
    Jan 04, 2022
    $1,250,000
    Location Intelligence
    Property ID
    US18-0145266
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 297 James Lee Blvd

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property size
    14,766 SF
    Property type
    Retail space
    APN
    17-3N-23-2490-0174-0010
    APU
    173N23249001740010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,075,000
      6.5%
      $1,085,000
      7%
      $1,220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,220,000
      Geo Method
      $1,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,160,000
      Retail
      $1,200,000
      Mixed-Use
      $935,000
      Hospitality
      $980,000
      Educational
      $1,010,000
      Residential Income
      $1,055,000
      Energy
      $1,250,000
      Income-Based Land
      $1,275,000
      Food Service
      $1,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5759
    Latitude
    30.7619
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,782
    $271,895
    $456,368
    $728,263
    -
    $271,895
    $456,368
    $728,263

    Comparable in this City

    • Value Estimation by Request
      1,206 SF

      894 James Lee Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,206 SF
      894 James Lee Blvd, Crestview, FL 32536-5166
      View Details
    • Value Estimation by Request
      2,310 SF

      352 James Lee Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,310 SF
      352 James Lee Blvd, Crestview, FL 32536-2636
      View Details
    • Value Estimation by Request
      3,620 SF

      570-572 Main S St

      RETAIL STORES (PERSONAL SERVICES) • 3,620 SF
      570-572 Main S St, Crestview, FL 32536
      View Details
    • Value Estimation by Request
      1,380 SF

      1049 Wilson St

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      1049 Wilson St, Crestview, FL 32536-4423
      View Details
    • Value Estimation by Request
      2,492 SF

      699 James Lee Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,492 SF
      699 James Lee Blvd, Crestview, FL 32536-5130
      View Details
    • Value Estimation
      $1,225,000
      1,875 SF

      388 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,875 SF
      388 Main St, Crestview, FL 32536-3542
      View Details

    Similar Nearby for Sale

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      Iconic Building in Downtown Crestview

      Iconic building with exceptional visibility and endless business potential.
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      Versatile Commercial Space Available

      Spacious commercial area suitable for offices, retail, and more.
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      Versatile Commercial Space For Sale

      Adaptable commercial space suitable for investment or owner-occupancy.
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    • $350,000

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      Retail building featuring two units, suitable for investment or owner-occupancy.
      194-192 N Main St, Crestview, FL 32536
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    • $1,000,000
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      Commercial Land in Crestview

      1.13 acres of commercial land in a rapidly expanding market.
      582 S Ferdon Blvd, Crestview, FL 32536
      View Details

    Similar Nearby for Lease

    • $1,050 /Mo

      Crestview Retail or Office Space

      High-traffic corner location suitable for retail or office use.
      1097 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $1,226 /Mo

      Retail/Office Space on Hwy 90

      New retail or office space near I-10 connection.
      200 1St Ave, Crestview, FL 32536
      View Details
    • $20 SF/Yr
      3,600 SF

      Prime Corner Suite in Crestview

      Highly visible corner suite ideal for medical, office, or retail.
      535 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $210 SF/Yr

      Retail, Office, Warehouse Space

      Versatile space for lease, trade new roof for rent.
      404 W James Lee Blvd, Crestview, FL 32536
      View Details
    • $2,900 /Mo

      Retail Space in Classic Center

      Retail space in Crestview's Classic Center with high visibility.
      4381 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $2,001 /Mo

      Retail/Office Space on Hwy 90

      New commercial space for lease near I-10 connection.
      200 6Th Ave, Crestview, FL 32536
      View Details
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    Crestview, FL 32536-3336
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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